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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Dubai most expensive city in Arab world

Dubai ranks 31st in the list of most expensive cities in the world.
  • Mercer survey is aimed at providing employers data to help them navigate compensation strategies for their mobile employees in the world.
  • Urkaine conflict, rising inflation and volatility of markets has affected the cost of living for most of the people in the world.

Mercer’s 2022 Cost of Living City Ranking reveals the most expensive cities for international employees. The survey claims to provides employers with current, extensive and reliable data to help them navigate compensation strategies for their mobile employees in the unpredictable global markets.

The survey said that amplified by the global health crisis and the conflict in Ukraine, skyrocketing inflation and currency volatility are affecting international economic balances and the cost of living for each of us.

TRENDS looks at the most and least expensive cities in the Arab world.